Elk Grove Zip Code 95758 Housing Market Data from March 2022

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Median Home Sales Data

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This area of Sacramento is on Fire 🔥.  The zip code 95758 housing prices are up 26% comparing March this year to March last year.  It is up 2% from January to March in green below. 

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The multiple offers are still very high in this area.  Of the homes that are currently pending 75% have more than one offer. 

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Of the homes that sold in March, 82% of them had more than one offer.  Last year in March 84% had more than one offer.  Low inventory (active listings) is driving the housing market up.

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In March most years is when the housing market starts to take off.  Inventory increases and the home buyers come out again.

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In red below, the active listings are increasing which is normal this time of year. 

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Highlighted in yellow below, the active listings in February is really high.  Looking at the active listings in March the DOM went up.  This could be from an overpriced home on the market.  Way overpriced home.

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With interest rates rising. The housing market will start to slow down.

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If you are thinking about selling, right now is the time. If you want top dollar! Yes, listing your home SUCKS!  Here is a helpful list of do’s and don’t when selling a home.

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If you are thinking about moving to a bigger or smaller home but you are worried about having to move twice.  I have a system put in place, so you only have to move once. 

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For more housing information visit my blog at https://www.allcahomes.com/blog/

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Average Housing Market Data

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March housing market data is interesting. In the active listings or inventory, the list price is higher than the original price. This indicates that there were more price increases than price drops. Highlighted in yellow below.

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Looking at the sold housing market data for March. In green below, the list price is higher than the original price again. This indicates that there are not many price drops. It is normal for a Realtor to increase the list price if they have an offer.

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In this kind of housing market condition, a home buyer must be very careful. Your offer must be smart or it could take you years to get the equity back.

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Have an agent that can tell you honestly what the home is worth including the repairs if any. So, you know where you stand before making an offer.

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Don’t get caught up in the bidding war.

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Many home buyers will make at least one of these mistakes when buying a home. Don’t let that be you!!!

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Looking back at the last 6 months of housing market data. And comparing it to the same time last year. Elk Grove’s housing prices in the zip code of 95758 have increased 27%.

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Homes are selling on average about $21k over list price. This means the average so not all homes are selling for that much over the list price. Some are selling for $50k over the list price. While others are selling for the list price.

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Rocklin Housing Market Data for March 2022

Median Housing Market Data

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March is when the real estate market starts to take off.  The best time to think about selling a home.  The best time to sell a home is between March through July 15^th or so.

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March is when home sellers will start to list the homes.  This means more homes start coming on the market.  It’s also when the home buyers start looking again.  

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In red below the active listings only when up 2.  This would be considered very low. 

In green, the DOM has gone down.  This shows that buyers are ready and looking.  It also is because the active listings are so low. 

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Of the homes currently pending or under contract, 60% had more than one offer.  This number is the same looking back one month.

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Of the homes that sold in March, 72% had more than one offer.  That is up from 68% in February. 

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Looking back at last year’s home sales in March, 75% had more than one offer.

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Comparing the list price to the sales price, highlighted in yellow.  Homes in March sold for about $17k over list price.  This is because of the multiple offers currently happening.

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With interest rates rising.  The housing market will start to slow down.

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If you are thinking about selling right now is the time.  You want top dollar!  Here is a helpful list of do’s and don’t when selling a home.

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For more housing information visit my blog at https://www.allcahomes.com/blog/  

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Average Housing Market Data

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Highlighted in yellow below is the average selling price in March.  Looking at all the numbers across.  The original price is almost the same as the list price.  This means that very few if any home sellers had to drop the price to sell their homes. 

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The homes that are currently pending are highlighted in green.  The original price is higher than the list price.  This indicates that more sellers had to drop their prices to get their homes sold.

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Of the current active listings, the list price is higher than the original price.

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Looking from active down the list to sold.  Notice the prices get lower.  This is normal but more of the smaller or less expensive homes are selling. 

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Many home buyers will make at least one of these mistakes when buying a home.  Don’t let that be you!!!

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Looking at the last 6 months of homes sales.  And comparing them to the sale last 6 months last year.  These numbers show that the housing market is slower over the holidays.

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Looking at January and February numbers.  Both are not rising.  They are flat.  This is the same last year as this year.

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In March notice the spike.  This would indicate the start of the housing market taking off. 

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Antelope Housing Market Data from February 2022

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Median Housing Market Data

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Active listings in Antelope are extremely low. 10 in January and 16 in February (in green below). These numbers should start to increase as we head into the prime housing market time.

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Only 28 homes in Antelope sold in February. Looking back at January which had 40 sold. These numbers are in blue below.

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Of the homes pending in February, 88% had more than one offer. In January the pending were 79%.

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The homes that sold in February, 79% had multiple offers. In January 60% of the sold homes had more than one offer.

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Looking back at last year’s offers. In February last year the sold homes had 71% had more than one offer. In January last year the sold properties had 73% with more than one offer.

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Antelope home prices are up 11%. This is comparing February sold this year to February last year.

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If you are thinking about purchasing a home. Remember interest rates are on the rise. Making your monthly payment higher.

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Don’t what to purchase a home thinking you will get a better deal if housing prices drop. Even if the home prices drop some you could have a larger monthly payment with a higher interest rate.

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An example would be. Say you have a 30-year loan for $500k with a 3% interest rate. Your monthly mortgage payment would be about $2108.

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Say you wait and the housing market drops some. Say to $450k but now the interest rates are at 4%. Your monthly mortgage payment would be about $2148.

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Forty dollars a month more at 30 years comes out to $14,400 more paid in interest.

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Zillow has many homes on the market currently. Most are well overpriced. These can make a great target for buyers providing you have a plan. Deals are still out there.

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For those that don’t know Zillow overpaid for home purchases and lost millions of dollars. So much so that Zillow shut down that portion of their business.

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For more housing information visit my blog at https://www.allcahomes.com/blog/

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Average Housing Market Data

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Looking at the average housing market data in Antelope.  Highlighted in yellow it’s hard to see what is happening.  There were so few home sales in February that I don’t feel you can compare prices. 

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Home prices are up 7% when comparing February this year to February last year.  However, home prices are down going back to January. 

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Comparing the last 6 months of homes sales this year to the same time last year.  Antelope home prices are up 19%.   The number of homes sold dropped some.

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Rocklin Housing Market Data for February 2022

Median Housing Market Data

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Analyzing February median home 🏡 sales data. In red comparing list price to the sales price in January. Homes sold for about 💰 $20k above list price. Remember not all homes sold for this much over. Some sold below list price.

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In February homes sold for about $15k over list price. When comparing January sales price to February sales prices are down slightly.

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This is the time of year when active listings (inventory) increase. It went from 33 in January to 44 👆 in February (in green). This is normal and should continue to increase.

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In pink is the median active listings price for a home. Notice the increase from January to February. Some home sellers are overpricing their homes. Homebuyers should be careful.

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You don’t want to overpay for a home. It can take years to get the equity back.

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Of the homes that are currently pending 60% received multiple offers. Of the homes that sold in February, 68% had more than one offer.

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Looking back at February of last year 64% had more than one offer.

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While the housing market is on fire 🔥 right now. About 40% of the homes are selling for asking or below. This depends on the area of course. But You don’t have to overpay for a home!

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If you are purchasing a home soon. Remember interest rates are on the rise. Making your monthly payment higher.

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Don’t what to purchase a home thinking you will get a better deal if housing prices drop. Even if the home prices drop some you could have a larger monthly payment with a higher interest rate.

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An example would be. Say you have a 30-year loan for $500k with a 3% interest rate. Your monthly mortgage payment would be about $2108.

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Say you wait and the housing market drops some. Say to $450k but now the interest rates are at 4%. Your monthly mortgage payment would be about $2148.

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Forty dollars a month more at 30 years comes out to $14,400.

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Zillow has many homes on the market currently. Most are well overpriced.

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For those that don’t know Zillow overpaid for home purchases and lost millions of dollars. So much so that Zillow shut down that portion of their business.

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For more housing information visit my blog at https://www.allcahomes.com/blog/

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Average Housing Market Data

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Looking at the average housing market data. In blue are the active listings. Not many home sellers have dropped their selling price.  The original price and list price are almost the same.

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In red are the selling prices for both this year and last year.  There were not many price drops for the homes that sold either.

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Looking at February active listings to January.  Notice the sharp increase in listing price in February.  For a home buyer, this can be a warning sign.  You don’t ever want to overpay for a home.

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Comparing the last 6 months of home sales this year to the same time last year. The sales price is up about 18%.

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But when comparing last month's data to this month’s data. Home prices are only up .07%.

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Remember looking at this much data the numbers show change much slower.  

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I have a system put in place to get you the best price possible on a home without over-biding. I want to put you in the best possible position to get a home at the best price. Please feel free to give me a call, text, or email me to find out how my system works.
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We can put a plan together to save you as much money as possible in these circumstances. It is possible that waiting to buy or sell a home may help you have more fruit later. Your family home is one of your largest investments. It's my job to ensure that it yields the highest ROI. That means making smart decisions that will yield fruit in the future. Planning is the best way to make this happen.

Carmichael Housing Market Data for February 2022

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Median Housing Market Data

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The median housing 🏡 market data is showing some normal trends. In green, the active listings are increasing 👆. This is normal for this time of year. It should continue to increase.

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In red, the January home sales are less than the list price. The 3 best months to purchase 💰 a home are November, December, and January. Fewer homebuyers but less active listings (inventory) as well.

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February is usually when the housing market starts to pick up again. In blue are February sold properties. They sold for over-list again.

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Interesting numbers here in the multiple offers. Looking at the sold properties in January and February. Of the homes that closed in January, 63% had more than one offer. In February that went up to 82%.

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Last year January's homes sales had 69% with more than one offer. February had 85% with more than one offer.

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Carmichael’s home prices have increased 5%. This is comparing February this year to February last year.

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Over the last 4- or 5-months home prices have been flat in Carmichael. That is interesting with all the multiple offers going on.

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While the housing market is on fire 🔥 right now. About 40% of the homes are selling for asking or below. This depends on the area of course. But You don’t have to overpay for a home!

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If you are purchasing a home soon. Remember interest rates are on the rise. Making your monthly payment higher.

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Don’t what to purchase a home thinking you will get a better deal if housing prices drop. Even if the home prices drop some you could have a larger monthly payment with a higher interest rate.

.

An example would be. Say you have a 30-year loan for $500k with a 3% interest rate. Your monthly mortgage payment would be about $2108.

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Say you wait and the housing market drops some. Say to $450k but now the interest rates are at 4%. Your monthly mortgage payment would be about $2148.

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Forty dollars a month more at 30 years comes out to $14,400.

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Zillow has many homes on the market currently. Most are well overpriced.

.

For those that don’t know Zillow overpaid for home purchases and lost millions of dollars. So much so that Zillow shut down that portion of their business.

.

For more housing information visit my blog at https://www.allcahomes.com/blog/

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Average Housing Market Data

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In January, the active listings prices had many high-priced homes on the market. The average price is very high. This is in red.

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The smaller, less expensive homes sold quicker than the more expensive homes. February had very few price drops.

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Carmichael home prices are up 4% using the average housing market data. This is comparing February this year to February last year.

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Comparing the last 6 months of home sales this year to the same time the previous year. Carmichael home prices are up 13%. These numbers will move much slower.

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I have a system put in place to get you the best price possible on a home without over-biding. I want to put you in the best possible position to get a home at the best price. Please feel free to give me a call, text, or email me to find out how my system works.
.

We can put a plan together to save you as much money as possible in these circumstances. It is possible that waiting to buy or sell a home may help you have more fruit later. Your family home is one of your largest investments. It's my job to ensure that it yields the highest ROI. That means making smart decisions that will yield fruit in the future. Planning is the best way to make this happen.

Elk Grove Zip Code 95758 Housing Market Data from February 2022

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Median Home Sales Data

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In most areas around Sacramento the active listings 🏡 have started to increase. That is normal this time of year. Buyers start to come back out to search for homes. Sellers start to put their homes on the market

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Active listings in zip code 95758 have decreased. This is in green. I expect this to start and rise shortly. The best time to sell is between March 1st and the end of June.

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Home prices continue to rise all around Sacramento. The zip code 95758 is on fire 🔥. In January home sold for about $30k above the list price. February is about the same.

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Multiple offers are what drive these massive housing increases. Of the homes that sold in January, 73% had more than one offer. February was up at 89% with more than one offer. This can be caused by a lack of active listings (inventory). More home buyers than sellers.

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Looking back at last year’s sold homes with multiple offers. In January 89% had more than one offer. February was at 70%.

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Home prices in the zip code of 95758 in Elk Grove have risen 28%. This is comparing February sold this year to February’s sold last year.

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Rather you are selling or buying, higher interest rates can affect you.  If you are going to do either you should do it now.  Making your monthly payment higher.

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Don’t what to purchase a home thinking you will get a better deal if housing prices drop. Even if the home prices drop some you could have a larger monthly payment with a higher interest rate.

.

An example would be. Say you have a 30-year loan for $500k with a 3% interest rate. Your monthly mortgage payment would be about $2108.

.

Say you wait and the housing market drops some. Say to $450k but now the interest rates are at 4%. Your monthly mortgage payment would be about $2148.

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Forty dollars a month more at 30 years comes out to $14,400.

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Zillow has many homes on the market currently. Most are well overpriced.  These could be good targets to come in under list price. 

.

For those that don’t know Zillow overpaid for home purchases and lost millions of dollars. So much so that Zillow shut down that portion of their business.

.

For more housing information visit my blog at https://www.allcahomes.com/blog/

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Average Housing Market Data

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With active listings being so low the data can be skewed up or down.  So, we will not look at this housing data.

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Housing prices are up 30% in February.  This again is comparing this February to last February. 

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Comparing the last 6 months of home sales this year to the same time last year.  Home prices are up 28% in the zip code 95758 in Elk Grove. 

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Looking at the Laguna Lakeside Neighborhood. The number of homes that have sold are almost identical.  Home prices in this neighborhood have increased 23%.  This is comparing the last 6 months of home sales this year to the same time last year.

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I have a system put in place to get you the best price possible on a home without over biding. I want to put you in the best possible position to get a home at the best price. Please feel free to give me a call, text, or email me to find out how my system works.

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We can put a plan together to save you as much money as possible in these circumstances. It is possible that waiting to buy or sell a home may help you have more fruit later. Your family home is one of your largest investments. It's my job to ensure that it yields the highest ROI. That means making smart decisions that will yield fruit in the future. Planning is the best way to make this happen.

Roseville Housing Market Data for February 2022

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Median Housing Market Data

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This time of year, the active listings or inventory starts to increase. It has started to increase now in green. As we head towards April the housing market should pick up some steam.

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In February the was a large increase in the pending numbers compared to January. This is a sign that the housing market is starting to hear up again.

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All the numbers in the List price are much higher 👆 in February compared to January. This is in bright pink.

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The numbers seem to show that homes sold for more in February than in January. These numbers are in red under the sale price.

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Roseville home prices are up 15% when comparing February this year to February last year.

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Another sign that the housing market is starting to pick back up is the multiple offers. Of the homes currently pending 60% had more than one offers in Roseville. In January the homes pending had 51% with more than one offer.

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Of the homes that sold in February, 63% had more than one offer. In January 56% had more than one offer.

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Last February 68% of the homes that sold had more than one offer.

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If you are thinking about purchasing a home. Remember interest rates are on the rise. Making your monthly payment higher.

.

Don’t what to purchase a home thinking you will get a better deal if housing prices drop. Even if the home prices drop some you could have a larger monthly payment with a higher interest rate.

.

An example would be. Say you have a 30-year loan for $500k with a 3% interest rate. Your monthly mortgage payment would be about $2108.

.

Say you wait and the housing market drops some. Say to $450k but now the interest rates are at 4%. Your monthly mortgage payment would be about $2148.

.

Forty dollars a month more at 30 years comes out to $14,400 more paid in interest.

.

Zillow has many homes on the market currently. Most are well overpriced. These can make a great target for buyers providing you have a plan. Deals are still out there.

.

For those that don’t know Zillow overpaid for home purchases and lost millions of dollars. So much so that Zillow shut down that portion of their business.

.

For more housing information visit my blog at https://www.allcahomes.com/blog/

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Average housing Market Data

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Of the homes that sold in February. Some home sellers had to drop their prices to get their homes sold. The list price is lower than the original price.

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The homes that sold in February went for much higher than the list price. About $18k above list price. Remember not all homes sold for this much over list price.

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Using the average housing market data. Roseville home prices are up 10% compared to February last year.

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When comparing the last 6 months of home sales this year to the same time last year. Roseville home prices are up 18%. Red is this year's numbers and blue is last year’s numbers.

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The number of homes sold decreased in February compared to the other data.

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I have a system put in place to get you the best price possible on a home without over-biding. I want to put you in the best possible position to get a home at the best price. Please feel free to give me a call, text, or email me to find out how my system works.
.

We can put a plan together to save you as much money as possible in these circumstances. It is possible that waiting to buy or sell a home may help you have more fruit later. Your family home is one of your largest investments. It's my job to ensure that it yields the highest ROI. That means making smart decisions that will yield fruit in the future. Planning is the best way to make this happen.

Citrus Heights Housing Market Data from January 2022

Median Housing Market Data

Comparing January home sales this year to January last year.  Antelope Home Prices are up 18%.  Now let’s look at why and how this happening. 

Looking at the median housing market data. In red below the active listings continues to drop some. January only has 34 homes currently on the market.

Comparing the list price to the sold price in blue below, look at the gap between the numbers. In January homes are selling about 25k above asking. This is usually being caused by multiple offers.

November had homes selling for about 5k above list price. December had homes sales about 12k over list price.

This does not mean all homes are selling for 25k over the list in January. This means the average is selling for 25k above the list. Some are selling for quite a bit over that while others are selling for below list price.

Looking at last year's home sales, homes sold for above list price as well. Around 5k above the list price is shown in green.

Of the homes pending in January, 61% had more than one offer. Of the homes that sold in January, 70% had more than one offer. Looking back at January 2021, 70% had more than one offer.

With this many multiple offers going it will drive housing prices higher. There is more demand than inventory.

Looking ahead in the housing market. Feds have talked about raising interest rates. This will defiantly affect the housing market.

Also, at some point, the foreclosures will be starting to increase. Remember they have been on hold because of Covid 19. Not sure how the different lenders will be handling this wave that will be coming.

For more housing information visit my blog at https://www.allcahomes.com/blog/

Average Housing Market Data

Using the average housing market data. In red in the month of January, the list price is smaller than the original price. This means more home 🏡 sellers had to drop their prices.

From looking at the numbers. We can determine that some home sellers are overpricing their homes. This could be a single house with a large price drop or multiple homes with drops.

Of the homes pending in January in green below the difference is much closer. Also, notice that the DOM (days on market) is much lower. These home sellers priced their homes correctly from the start.

Looking at the homes that sold in January. The difference is smaller as well. Again, the DOM is smaller meaning the homes sold quickly.

Going back to January last year the difference again is small. The DOM is close as well.

Over-pricing your home can cost you money in the end. This is very important! The longer the home stays on the market to more red flags go up. Especially in this hot 🔥 housing market.

Comparing the last 6 months of home sales this year to the same time last year. The number of home sales is almost the same. DOM is also similar. Looking at the sales price in red, home prices have increased a great deal over that time frame. Citrus Heights home prices are up about 19%.

Your home is an investment in your quality of life. My team takes that seriously. That's why, when we first meet, we focus on the vision you have for your family. I have a system put in place to get you the best price possible on a home without over-biding. I want to put you in the best possible position to get a home at the best price. Please feel free to give me a call, text, or email me to find out how my system works.

We can put a plan together to save you as much money as possible in these circumstances. It is possible that waiting to buy or sell a home may help you have more fruit later. Your family home is one of your largest investments. It's my job to ensure that it yields the highest ROI. That means making smart decisions that will yield fruit in the future. Planning is the best way to make this happen.

Roseville Housing Market Data for January 2022

Median Housing Market Data

The housing market is normally like December in January. It’s a slower month.

Looking at the numbers it would signal, a slower month. In red below the active listing, activity is still very slow.

When looking at the sales in blue below. Many homes are still selling for over the list price. This usually means multiple offers are higher. Looking back at December notice that home sales were below the list price.

Of the homes pending in January, 51% had more than one offer. Of the homes that sold in January, 56% had more than one offer. Compare that to the homes that sold last year in January. 60% had more than one offer.

Home prices in Roseville are up 14%.  This is comparing January homes sales this year to January last year. 

Looking at the last 5 months of home sales.  Home prices are down some.  The housing market has seemed to have leveled off. 

Looking ahead in the housing market. Feds have talked about raising interest rates. This will defiantly affect the housing market.

Also, at some point, the foreclosures will be starting to increase. Remember they have been on hold because of Covid 19. Not sure how the different lenders will be handling this wave that will be coming.

For more housing information visit my blog at https://www.allcahomes.com/blog/

Average housing Market Data

Again, this time of year is almost always slower.  With the active listings down and fewer home buyers looking this time of year.

In red the original price and the list price show how much home sellers have had to drop their prices.  This is because the home is sitting on the market, or they priced it higher at the beginning. 

In January the gap is not as large.  This can be caused by homes going off the market because of the holidays.  This will also affect the DOM (days on market).  Which dropped as well. 

Looking at the housing market over the last 6 months.  Comparing the last 6 months this year to the same time last year.  Roseville home prices are up 18%. 

Remember these numbers move much slower.  Looking at 6 months compared to last month’s numbers can vary a great deal.

Rocklin Housing Market Data for January 2022

Median Housing Market Data

Rocklin housing prices are up 25%.  That’s comparing January home sales this year to January Last year. 

From July to November Rocklin home prices flattened out.  However, in December and January, there seems to be an uptick in the housing prices again. 

Inventory in Rocklin is low.  In blue below Rocklin only has 33 active listings.  This time of year, it’s normal for inventory to be lower.  More inventory should be coming on the market soon.

This also could be what is keeping the multiple offers higher in Rocklin.  Of the homes that are currently pending 55% have more than one offer.  Of the homes that sold in January, 60% had more than one offer. 

Last year 54% of the homes that sold in January of 2021 had more than one offer.

In red below the home selling price is still higher than the list price.  This is great if you’re the seller.  Not so much if you are a home buyer.

Looking ahead in the housing market. Feds have talked about raising interest rates. This will defiantly affect the housing market.

Also, at some point, the foreclosures will be starting to increase. Remember they have been on hold because of Covid 19. Not sure how the different lenders will be handling this wave that will be coming.

For more housing information visit my blog at https://www.allcahomes.com/blog/

Average Housing Market Data

One statistic that is good to look at is the original price compared to the list price. The original price is the price of the home when it first came on the market. The list price is the current price or the price when it went pending.

December is a month that many sellers will cancel their listing if it's still on the market. This does affect the statics when that happens. But with so few this may not have happened.

In red below notice the difference in home prices. The original price is much higher than the list price. Meaning many sellers dropped their price to sell their home.

Using the average housing market data Rocklin home prices are up 25%. This is comparing January home sales this year to January home sales last year.

Home prices are up 18% in Rocklin.  This is comparing the last 6 months of home sales this year to the same time last year. 

Remember these numbers move much slower.  Looking at 6 months compared to last month’s numbers can vary a great deal.